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128 Rundle Mall Adelaide SA 5000

  • Hotel / Leisure
  • For Sale, $2,700,000 + SAV

OUTSTANDING LEASEHOLD HOTEL IN THE HEART OF THE CBD. | Resort Brokers ID : LH006187

On offer is the rare opportunity to purchase the business of this Iconic Adelaide hotel. Showing a 32% return to owner operators, with a long term lease, multiple income streams and perfectly positioned in Adelaide CBD.

- 30 well-appointed rooms with marble bathrooms
- High netting over $850,000
- Multi income streams with gaming, accommodation, food and beverage
- 32 gaming machines with a license for 40 machines
- 2 functions areas hosting weddings, corporate functions and events
- Consistent year on year trading performance
- First lounge bar and restaurant located on level 1 with balcony overlooking Rundle Mall
- Basement bar with UBET, Lotteries facilities located in basement bar
- Significant refurbishments have been undertaken
- Property inspections are by appointment only

Property Highlights

Property ID2016074464
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  12 Feb 2020
Map for 128 Rundle Mall Adelaide SA 5000
Map for 128 Rundle Mall Adelaide SA 5000128 Rundle Mall Adelaide SA 5000
Resort Brokers Australia Pty Ltd
362 Montague Rd West End QLD 4101

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